UPDATE 1-Peru to seek international partners for $10 bln coastal rail project

Reuters
2024-10-30

(Adds details on projects, context throughout)

CHANCAY, Peru , Oct 29 (Reuters) - Peru will pitch a partnership to foreign governments to build a $10 billion rail project as part of a major development plan centered on the soon-to-be inaugurated Chancay port, the government's transportation minister said on Tuesday.

The project involves the construction of two railways, one connecting the capital Lima south to the city of Ica, and the other with the city of Barranca in the north, Transportation Minister Raul Perez said during a press conference in Chancay, on Peru's central Pacific coastline.

Perez did not give more details on how the rail project will serve the port.

The government plans to pitch it to officials from China, the United States, Britain, Canada, France and Japan, when representatives meet in Lima next month for the Asia-Pacific Economic Cooperation summit.

The Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will be inaugurated in mid-November and

begin container shipping

to Shanghai shortly afterwards.

(Reporting by Marco Aquino; Writing by Brendan O'Boyle; Editing by David Alire Garcia)

((Brendan.OBoyle@thomsonreuters.com;))

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